Apply for Bajaj Finance Home Loan

Why apply through CreditMantri

CreditMantri matches your credit and demographic profile to Bajaj Finance Home Loan lending criteria - others just match your demographic criteria. We shortlist lenders willing to lend to you based on our proprietary matching algorithm.

In effect, we pre-screen your application to make sure you are likely to qualify as per the lender’s credit criteria. We upfront check whether you qualify for Bajaj Finance Home Loan. Hence the chances of your Bajaj Finance Home Loan application getting approved is higher.


best rate


processing fee

25 yrs

max tenure

  • India’s first 100% online Home Loan approval for Salaried individuals
  • Home Loans up to Rs.5 crores and an online loan approval in 5 minutes
  • Part prepayment facility available and nil foreclosure charges
  • Online account access
  • Prompt repayment benefit and 3 EMI Free months
  • Interest rate - 9.85%
  • Processing fee - 0.8% of loan amount
  • Per bounced cheque - 1000/- and 2% penal interest per month
  • Secure fee - 1999/- for instant approval online
  • Application form, Employee ID card
  • ID proof (any one) - PAN,Passport,Driver's license, Voter ID
  • Address proof (any one) - Passport, Driver's license, Ration card, Mobile bill, Letter from employer
  • Signature proof (any one) - Passport, PAN, Driver's license, Photo credit card, Letter from bank verifying signature
  • Work experience documents - Appointment letter, Form 16, 1 yr old salary slip, same for previous employment

About Bajaj Finance

Bajaj Finserv is part of the well-known Bajaj Holdings and specializes in lending, asset management, wealth management and insurance among a range of other services offered. It has over 1400 branches across the country and is one of the leading providers of retail finance.

Bajaj Finance Home Loan

Step into your ready-to-occupy home with the help of Bajaj Finance Home loan! Bajaj not only offers funding for buying your dream home, but also additional funds in the Home Loan + facility for fittings and furniture, to help make your house into a home. This unique offering allows you to furnish your home without having to apply for a personal loan or a Home Improvement Loan.

Bajaj Finance Home Loan Features

Loan amount

You can avail a minimum loan amount of Rs. 30 lakh and a maximum of Rs. 15 crores depending on your employment status and other factors.


The maximum tenure is 25 years for salaried employees and 20 years for self-employed individuals.

Home Loan Balance Transfere

You have the option to transfer your existing home loan with another financial provider to Bajaj Finserv for a better interest rate and refinance options like top up loans. The online Home Loan Balance Transfer scheme can be done in less than 4 days with minimal documentation.

Speedy Approval and Minimal Documentation

With Bajaj Home loan, you can avail numerous advantages like online application process, instant online approval and minimal documentation.

Part prepayment facility

You can choose to prepay the loan amount. Keep in mind that the prepayment transaction should not be less than the total amount of 3 EMIs. Additionally, there is no limit on the maximum amount.

Nil foreclosure charges

Enjoy Zero foreclosure charges. You can choose to foreclose your Home Loan anytime during your loan tenure.

3 EMI Holiday

Enjoy a three-month grace period in paying your EMIs after availing the loan. This will help you plan your monthly expenses in an orderly way and provide you with the much-needed buffer to plan your finances.

Online account access

You can view all your loan details and view your transaction history. Make convenient payments on your loan amount through the Customer Portal. You just need to log in with your User ID or mobile number or email and password.

Bajaj Finance Home Loan Interest rates

Avail attractive interest rate when you go for a home loan with Bajaj. For the latest interest rate, it is advisable to contact your nearest branch.

Bajaj Finance Home Loan Fees and other charges

Some of the charges associated with Bajaj Home are listed below:

  • Processing fees - 0.8% of the loan amount for salaried individuals
  • Loan statement charges - NIL
  • Interest & principle statement charges - NIL
  • PDC swap charges - NIL
  • EMI bounce charges - Rs.1000 for every bounce
  • Penal interest - 2.00% p.m
  • Foreclosure charges – NIL (subject to terms and conditions)
  • Part prepayment charges – NIL (subject to terms and conditions)

Bajaj Finance Home Loan Eligibility

You are eligible for availing a Bajaj Home Loan if:

  • You are an Indian resident.
  • You are between 28-70 years of age.
  • You are a salaried individual with at least 3 years of work experience. Self-employed individuals need to show 5 years of business continuity.

You can calculate your eligibility using the Bajaj Eligibility Calculator Online. All loan eligibility /approval is done solely at the discretion of Bajaj Finance.

Some of the factors that are taken into account by Bajaj Finserv when determining eligibility for a home loan are:



Valuation of property (Fair market value)

Existing liabilities, if any

Stability/continuity of employment/business

Bajaj Home Loan - Documents Required

You would need the following documents in order to apply for a Home Loan with Bajaj Finserv. Note that the list of documents mentioned is indicative and additional documents might be required during loan process depending on your profile.

  • Completed application form with photograph
  • Proof of Identity - Passport Copy/ Voter ID card/ Driving License/ PAN Card (any one document to be submitted)
  • Address Proof - Ration card/ Telephone Bill/ Electricity Bill/ Rental agreement / Passport copy/ Bank Passbook or Statement/Driving License (any one to be submitted)
  • Proof of age - PAN Card, Passport, Birth Certificate
  • IT Returns & Balance Sheet & P/L Account statement for the last 2 years.
  • Business Continuity Proof for 5 years.
  • Bank Account Statements for the last 6 months.

Bajaj Finance Home Loan FAQs

What is the minimum loan amount that I can borrow from Bajaj?

You can avail home loans starting from Rs. 30 lakh onward. The approval of loan amount is subject to income, repaying capacity and valuation of property amongst other factors.

Who can be a co-applicant?

Co-applicants can be husband/wife, father/son, siblings and so on. It is not mandatory to have a co applicant. However, if an individual is the co-owner of the property which needs financing, then it is mandatory that he/she also be the co-applicant for the Home Loan.

Can I get approval for home loan without finalizing the property?

Yes, based on your income eligibility, Bajaj Finserv will offer you an in-principle approval. Based on this approval, you can select the property you want to buy. The final loan sanction is based on actual assessment of the property.

Can I increase the EMI during the loan period?

Yes. If you are a self-employed individual, you can increase the EMI at any point during the loan tenure. This leads to a reduced loan period and quicker repayment of the loan if it is done frequently. You can increase your EMI payment by logging onto the Bajaj Finserv customer portal or by sending an email to the email ID listed on the website.

What are the different options for making EMI payments?

You can repay your home loan by any of the following ways:

  • By way of Electronic Clearing Service (ECS)
  • By way of Post-Dated Cheques (PDCs): You can submit post-dated EMI cheques from any bank account.

Bajaj Home Loan Review

If you are looking for a home loan with competitive rates of interest and a tenure spread over a long period of time with easy repayment modes, then you could consider a loan from Bajaj. Bajaj Finance Home Loan offers a range of housing finance products and tenures to suit every budget and need. You can use the EMI calculator tool on the website to decide what kind of loan works best for you and plan your finances accordingly.

How to Get Home Loan from Bajaj - Apply for Bajaj Home Loan

You can apply for a Bajaj Home Loan in the following ways:

Apply online. Submit the completed application form with the processing fee.

You can also call the dedicated customer service number listed on their website.

Alternatively, you can visit any Bajaj Finance branch to discuss your eligibility and for details on your home loan. You can submit a completed application form along with the required documents.

Alternatively, if you think you need help with your Home Loan application and advice on loan eligibility, CreditMantri can guide you through the entire process and match you with the loan offer that best suits your profile.